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APGAPi Group Corporation$42.34$18.3B
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APi Group Corporation (APG) Quarterly Financial Ratios

Last 29 quarters of trend data · Industrials · Engineering & Construction

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

APi Group Corporation's quarterly P/E stands at 84.4x, up 5.2% year-over-year.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →-61.3684.42—42.9653.1780.22—32.3741.82——39.3049.64
—+5.2%—+32.7%+27.2%——-17.6%-15.8%——-33.4%-5.3%
P/S Ratio2.312.221.881.771.781.451.331.251.501.531.160.981.04
—+53.6%+41.4%+41.9%+18.6%-5.5%+15.0%+27.1%+44.6%+64.6%+56.8%+92.6%+71.8%
P/B Ratio5.175.064.674.514.463.343.353.073.664.262.842.312.41
—+51.5%+39.4%+46.8%+21.9%-21.7%+18.1%+32.8%+51.7%+53.6%+20.1%+92.6%+79.0%
P/FCF27.6265.7711.1818.3663.1849.769.3311.5029.48—7.3913.9037.48
—+32.2%+19.8%+59.6%+114.3%—+26.2%-17.2%-21.4%—-0.5%+88.6%+20.5%
EV / EBITDA23.4818.2325.8317.8318.7318.7515.7713.4216.3818.5516.8212.9613.48
—-2.8%+63.8%+32.8%+14.3%+1.1%-6.2%+3.6%+21.5%+28.8%+15.7%+12.9%+8.6%
EV / EBIT37.3428.5049.7026.8028.9336.0027.2520.8426.5532.3132.7821.1321.72
—-20.8%+82.4%+28.6%+9.0%+11.4%-16.9%-1.4%+22.2%+14.5%+10.9%+8.5%-6.7%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

APi Group Corporation's operating margin was 7.5% in Q1 2026, up 3.2 pp QoQ and up 2.5 pp YoY.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin31.4%28.1%29.2%28.4%30.9%28.2%30.9%31.1%31.4%30.7%28.9%28.6%28.0%
—-0.4%-5.5%-8.6%-1.7%-8.2%+7.0%+8.4%+12.3%+16.7%+6.2%+12.9%+6.2%
Operating Margin7.0%7.5%4.3%7.7%7.2%5.1%6.2%7.8%7.3%6.2%4.3%5.8%6.0%
—+48.5%-30.3%-0.7%-1.3%-19.0%+46.2%+33.4%+20.5%+38.1%+48.2%+65.8%+68.9%
Net Margin3.8%2.9%4.6%4.5%3.9%2.0%3.6%3.8%4.0%2.8%1.4%3.0%2.7%
—+41.2%+27.3%+18.0%-3.0%-27.6%+153.3%+24.8%+47.2%+74.5%+10.0%+87.6%+49.0%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE9.5%1.7%2.9%2.9%2.5%1.2%2.3%2.4%2.7%1.7%0.8%1.8%1.8%
—+40.2%+28.2%+21.3%-6.9%-32.3%+167.0%+33.7%+45.8%+43.7%-2.2%+87.4%+85.2%
ROA3.5%0.6%1.1%1.1%0.9%0.4%0.8%0.9%0.9%0.6%0.3%0.7%0.6%
—+47.8%+34.4%+26.6%+1.6%-29.2%+153.9%+25.5%+49.3%+85.7%+17.2%+93.7%+64.6%
ROIC7.4%2.6%1.2%2.1%1.9%1.2%1.6%1.9%1.8%1.5%1.1%1.4%1.6%
—+119.3%-23.8%+10.1%+6.5%-21.3%+44.5%+32.7%+12.0%+25.7%+49.2%+75.4%+105.8%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

APi Group Corporation's Debt/EBITDA ratio is 0.0x, down from 18.6x last quarter — comfortably within a safe range.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.960.000.960.930.961.021.031.061.101.290.900.940.93
—-99.9%-6.2%-11.8%-12.2%-21.3%+14.5%+12.7%+17.9%-0.7%-37.0%-8.2%-9.9%
Debt / EBITDA3.730.0218.5712.6113.6618.1915.4114.3115.5017.6216.9315.6915.59
—-99.9%+20.5%-11.9%-11.9%+3.2%-9.0%-8.8%-0.6%-8.2%-28.4%-30.1%-31.1%
Current Ratio1.501.441.501.481.451.471.411.511.481.351.431.401.53
—-2.2%+6.5%-2.0%-2.0%+8.8%-1.3%+8.2%-3.7%-11.6%+3.5%-14.0%-5.6%
Quick Ratio1.431.361.431.411.371.381.331.421.381.261.351.311.43
—-1.5%+7.5%-1.2%-1.1%+9.7%-0.9%+8.3%-3.3%-11.3%+3.9%-13.8%-6.0%
Interest Coverage3.934.9730.678.053.923.633.173.443.542.852.363.002.97
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Download Financial Ratios Data

Includes 30+ ratios · 29 years · Updated daily

Full APG Stock Analysis

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APG — Frequently Asked Questions

Quick answers to the most common questions about buying APG stock.

What is APi Group Corporation's quarterly P/E ratio trend?

APi Group Corporation's current P/E is -61.4x. The average P/E over the last 3 quarters is 60.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do APi Group Corporation's margins change by quarter?

APi Group Corporation's current operating margin is 7.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at APG quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking APi Group Corporation's business trajectory between earnings reports.